Sequoia Financial Advisors LLC Boosts Stake in The Travelers Companies
Sequoia Financial Advisors LLC boosted its stake in The Travelers Companies, Inc. (NYSE:TRV) by 12.8% during the second quarter, according to a recent filing with the Securities and Exchange Commission.
The company owned 33,397 shares of the insurance provider's stock after purchasing an additional 3,782 shares during the quarter. This increased its holdings in Travelers Companies to $11,025,000 as of its most recent SEC filing.
Sequoia Financial Advisors LLC was not alone in buying into The Travelers Companies; other hedge funds also recently purchased and sold shares of the stock. Arbejdsmarkedets Tillaegspension bought a new position in Travelers Companies during the fourth quarter valued at $24,167,000.
Additionally, UBS Group AG boosted its position in shares of Travelers Companies by 5.3% during the fourth quarter and now owns 1,774,756 shares worth about $514,786,000 after acquiring an additional 89,159 shares last quarter.